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Sold on 04/12/2022
Peter Diaz of @properties Christie's International Real Estate

119 W Michael Ln, Addison, IL 60101

$488,000

Last sold 04/12/2022 after 39 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 119 W Michael Ln

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 9,148 Sqft
Property description
4 UNIT INVESTMENT PROPERTY GROSSING $46,800 PER YEAR!!! This solid brick building features open concept, 3-level units that resemble spacious townhomes. Each unit contains 2 bedrooms and 1 bathroom, with walk-out basements that could be converted to a 3rd bedroom, eat-in kitchens, vaulted ceilings, forced air gas heating, and assigned parking at the rear of the property. The roof, furnaces, and windows are all under 10 years old, with no issues whatsoever. Tenants are responsible for their own utilities. Market rate rents are currently a minimum of $1050 per unit.
Listed by
Listing Agent - Peter Diaz
Listing Office - @properties Christie's International Real Estate
Source: MRED mls logo
MLS#11339335 • last updated 4 years ago
Movoto checked MRED for data 6 minutes ago
Overview
Levels/Style Tri-Level
MLS # 11339335
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.21
Property Tax $ 8863.6
Year Built 1962
Buyer Agent Commission 2% - $395
Interior
Bath Desc Soaking Tub
Basement None, Slab
Total # of Rooms 5
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Parking Desc Space/s
# Parking Spaces 7
Exterior Features Storms/Screens
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Water Source Lake Michigan
# Units in Building 4
Location
Area Addison
County Du Page
Elementary School Lincoln Elementary School
Elementary School District 4
High School Addison Trail High School
Middle School District 4
Middle School Indian Trail Junior High School
High School District 88
APN 321311017
Zoning MULTI
Multifamily Details
Gross Income 46800
Total Rental Income 46800
We are not permitted to show value estimates for this property.
  • Jun 2022
    Public Records
  • Jun 27, 2022 Sold
    $488,000
  • Jun 2022
    mls logo MLS # 11339335
  • Jun 10, 2022 Sold
    $488,000
  • Jun 7, 2022 Pending
    —
  • Mar 28, 2022 Active
    —
  • Mar 25, 2022 Listed
    —
  • Mar 11, 2022 Active
    —
  • Mar 10, 2022 Listed
    —
  • Mar 6, 2022 Active
    —
  • Mar 4, 2022 Listed
    $488,000 (+52.5%)
  • Sep 2017
    Public Records
  • Sep 29, 2017 Sold
    $320,000
  • Sep 2017
    mls logo MLS # 09669920
  • Sep 25, 2017 Sold
    $320,000 (-5.6%)
  • Jul 16, 2017 Contingent
    —
  • Jun 23, 2017 Listed
    $339,000 (+2.1%)
  • Mar 2017
    mls logo MLS # 09254064
  • Mar 31, 2017 Temporarily No Showings
    —
  • Mar 28, 2017 Re-Activated
    —
  • Mar 25, 2017 Contingent
    —
  • Dec 6, 2016 Price Change
    $332,000 (-0.9%)
  • Nov 6, 2016 Price Change
    $335,000 (-1.2%)
  • Oct 20, 2016 Re-Activated
    —
  • Sep 19, 2016 Pending
    —
  • Aug 10, 2016 Contingent
    —
  • Jul 29, 2016 Price Change
    $339,000 (-1.7%)
  • Jun 10, 2016 Listed
    $345,000 (+32.7%)
  • Oct 2015
    Public Records
  • Oct 6, 2015 Sold
    $260,000
  • Oct 2015
    mls logo MLS # 08951975
  • Oct 2, 2015 Sold
    $260,000 (-10.3%)
  • Jul 1, 2015 Contingent
    —
  • Jun 12, 2015 Listed
    $289,900
  • Year Property taxes Tax assessment
  • 2024
    $10,732 +4.2%
    $152,270 +8.78%
  • 2023
    $10,305 +8.9%
    $139,980 +8.98%
  • 2022
    $9,460 +4.1%
    $128,450 +4.41%
  • 2021
    $9,087 +2.5%
    $123,030 +4.4%
  • 2020
    $8,864 +0.4%
    $117,850 +4.0%
  • 2019
    $8,824 +7.2%
    $113,320 +11.76%
  • 2018
    $8,231
    $101,400
  • 119 W Michael Ln
    $488K
  • Addison
    —
  • 60101
    $400K -4% y/y
  • Addison
    $400K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lincoln Elementary School
public Grades K-5
Addison School District 4
4/10
Indian Trail Jr High School
public Grades 6-8
Addison School District 4
5/10
Addison Trail High School
public Grades 9-12
Dupage Hsd 88 School District
Source: GreatSchools.org © 2026. All rights reserved.

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